Bernstein expects Bitcoin to reclaim $125,000 by late 2026 before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.
Bernstein expects Bitcoin to reclaim $125,000 by late 2026 before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.
August 26, 2026, 12:32 pmThe world’s money supply has reached a record milestone this week and at the same time, bitcoin’s price spiked 21% higher over the last seven days. Some believe bitcoin might be playing catch-up and moving toward the massive liquidity parked inside the modern financial system.
August 26, 2026, 12:31 pm
Bitcoin’s Bull Score, a Cryptoquant gauge of market health, jumped from 30 to 80 in a single week as bitcoin rallied to $81,000, though the firm says a weekly close above $83,000 is still needed to confirm a new bull market.
Bitcoin's struggle at $80K highlights market sensitivity to US policy, potentially influencing broader financial strategies and risk asset trends.
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sharp $80,000 rally driven by Treasury developments, ETF inflows, and a squeeze on bearish positions.
Your day-ahead look for Aug.
The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion.
After hitting a new local high of $81,250 on Tuesday, many are thinking that this might have been the top for Bitcoin. However, a day later and the $BTC price is generally going sideways.
Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar bitcoin mining workaround.
Bitcoin (BTC) price is up 22% in a week and nearing another breakout, and this one looks more dangerous than the last. That last breakout came on August 19 and ran on trapped bears. The setup now is the reverse, with crowded longs and supply stacked overhead.
Friday’s expiry follows bitcoin’s surge from $62,000 to $80,000, leaving market makers with increased exposure to manage around several key strike prices.
$78,435.00 -0.22%
$1.57T Market Cap
$30.34B Total Volume (1.93%)
$126,080 All Time High -37.79%
until new daily candle
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